
Sonoco Products Company
SON34 yrs growthConsumer Cyclical · Packaging & Containers · Stock · quarterly payer
Forward Yield
4.38%
Annual Dividend
$2.16
Payout Ratio
33%
5-Yr Growth
4.2%
Ex-Date
Nov 10, 2026
Frequency
Quarterly
Key facts about SON's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Sonoco Products Company (SON) has a forward dividend yield of 4.38%, based on an annual dividend of $2.16 per share and a share price of $49.27.
- As of Oct 27, 2026, SON's dividend safety grade from SmarterDividends is A (94 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Sonoco Products Company (SON) has raised its dividend for 34 consecutive years as of Oct 27, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
- SON has never cut its regular dividend in the payment history SmarterDividends has on record.
- SON's next ex-dividend date is Nov 10, 2026, with payment on Dec 10, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 27, 2026, SON pays out 33% of its trailing 12-month earnings as dividends (its payout ratio).
- SON's dividend has grown at an average rate of 4.2% a year over the past five years.
- As of Oct 27, 2026, SON's 4.38% yield is 21% above its five-year average yield of 3.62%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for SON is $29.91 per share, 39% below the $49.27 share price, so SON screens as overvalued.
- Sonoco Products Company (SON) pays its dividend quarterly, 4 times a year.
- Sonoco Products Company (SON) has raised its regular dividend 31 times and cut it 0 times across the 145 payments on record since 1990. Its most recent change was a 1.9% increase to $0.540 per share, going ex-dividend on May 8, 2026.
- Sonoco Products (SON) has declared its first higher dividend of the year in April in 4 of the last 5 years; its most recent raise, 1.9%, was declared on Apr 15, 2026.
Cite this page
SmarterDividends, "SON Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/SON
Summary
As of Oct 27, 2026, Sonoco Products Company (SON) yields 4.38% ($2.16 a year per share), has a dividend safety grade of A (94/100) and has 34 consecutive years of dividend increases on record.
Is SON a good dividend stock?
YesSonoco Products Company (SON) pays a quarterly dividend yielding 4.38% ($2.16/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 34 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (33%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.38%
- Payout Ratio
- 33%
- Annual Dividend
- $2.16
- 5-Yr Avg Growth
- 4.2%
- Ex-Dividend Date
- Nov 10, 2026
- Years of Growth
- 34
- Frequency
- quarterly
- Beta
- 0.33
- Market Cap
- $4.9B
- P/E Ratio
- —
- 5-Yr Total Return
- -14%
- 52-Week Range
- $38.65 – $60.67
- Dividend Safety
- A · 94/100
- Ever Cut?
- No
SON dividend raises and cuts
Sonoco Products Company (SON) has raised its regular dividend 31 times and cut it 0 times across the 145 payments on record since 1990. Its most recent change was a 1.9% increase to $0.540 per share, going ex-dividend on May 8, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 8, 2026 | Raise | $0.530 → $0.540 | +1.9% |
| May 9, 2025 | Raise | $0.520 → $0.530 | +1.9% |
| May 9, 2024 | Raise | $0.510 → $0.520 | +2.0% |
| May 9, 2023 | Raise | $0.490 → $0.510 | +4.1% |
| May 9, 2022 | Raise | $0.450 → $0.490 | +8.9% |
| Feb 23, 2021 | Raise | $0.430 → $0.450 | +4.7% |
| May 9, 2019 | Raise | $0.410 → $0.430 | +4.9% |
| May 10, 2018 | Raise | $0.390 → $0.410 | +5.1% |
| May 10, 2017 | Raise | $0.370 → $0.390 | +5.4% |
| May 11, 2016 | Raise | $0.350 → $0.370 | +5.7% |
| May 13, 2015 | Raise | $0.320 → $0.350 | +9.4% |
| May 14, 2014 | Raise | $0.310 → $0.320 | +3.2% |
Show all 31 changes since 1992
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 15, 2013 | Raise | $0.300 → $0.310 | +3.3% |
| May 16, 2012 | Raise | $0.290 → $0.300 | +3.4% |
| May 11, 2011 | Raise | $0.280 → $0.290 | +3.6% |
| May 12, 2010 | Raise | $0.270 → $0.280 | +3.7% |
| May 14, 2008 | Raise | $0.260 → $0.270 | +3.8% |
| May 16, 2007 | Raise | $0.240 → $0.260 | +8.3% |
| May 17, 2006 | Raise | $0.230 → $0.240 | +4.3% |
| May 18, 2005 | Raise | $0.220 → $0.230 | +4.5% |
| May 19, 2004 | Raise | $0.210 → $0.220 | +4.8% |
| May 15, 2002 | Raise | $0.200 → $0.210 | +5.0% |
| May 17, 2000 | Raise | $0.190 → $0.200 | +5.3% |
| May 19, 1999 | Raise | $0.180 → $0.190 | +5.6% |
| Aug 19, 1998 | Raise | $0.164 → $0.180 | +10.0% |
| May 14, 1997 | Raise | $0.150 → $0.164 | +9.1% |
| May 15, 1996 | Raise | $0.136 → $0.150 | +10.0% |
| Aug 16, 1995 | Raise | $0.121 → $0.136 | +12.5% |
| May 16, 1994 | Raise | $0.117 → $0.121 | +3.7% |
| May 17, 1993 | Raise | $0.108 → $0.117 | +8.0% |
| May 11, 1992 | Raise | $0.0996 → $0.108 | +8.7% |
Frequently Asked Questions
Is SON a good dividend stock?
Yes. Sonoco Products Company (SON) pays a quarterly dividend yielding 4.38% ($2.16/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is SON undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SON's fair value is about $29.91 versus a $49.27 share price — so it looks overvalued (-39% vs. fair value).
Is SON's dividend safe?
SON has a dividend-safety grade of A (94/100), based on its payout coverage, free-cash-flow, 34-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is SON's fair value?
Our blended fair-value estimate for SON is about $29.91 per share, about 39% below the current $49.27 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SON a buy, hold, or sell?
We don't issue formal ratings, but on the data SON screens as "yes" and overvalued. Sonoco Products Company (SON) pays a quarterly dividend yielding 4.38% ($2.16/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will SON cut its dividend?
SON earns a dividend-safety grade of A (94/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SON pay a dividend?
Yes. Sonoco Products Company pays a quarterly dividend of about $2.16 per share annually, a forward yield of roughly 4.38%.
What is SON's dividend yield?
As of Oct 27, 2026, SON's forward dividend yield is 4.38%, based on a $2.16 annual dividend and a $49.27 share price.
What is SON's dividend per share?
As of Oct 27, 2026, SON pays $2.16 per share per year, distributed on a quarterly basis.
What is SON's dividend payout ratio?
As of Oct 27, 2026, SON's payout ratio is 33% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has SON grown its dividend?
As of Oct 27, 2026, SON has increased its dividend for 34 consecutive years.
When is the next SON ex-dividend date?
As of Oct 27, 2026, the next ex-dividend date on record for SON is Nov 10, 2026.
SON Price — Last 12 Months
Daily close
Price Return
1 Year
+19%
3 Years
-9%
5 Years
-14%
52-Week Range
$38.65 – $60.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SON worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Sonoco Products Company is $29.91 per share, versus a market price of $49.27. That implies 39% of downside.
Fair Value
$29.91
Current Price
$49.27
Downside
-39%
Margin of Safety
-65%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 4.9% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, -$2.13 EPS, $2.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SON Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full SON dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 10, 2026 | Sep 10, 2026 | $0.5400 | regular |
| May 8, 2026 | Jun 10, 2026 | $0.5400 | regular |
| Feb 25, 2026 | Mar 10, 2026 | $0.5300 | regular |
| Nov 10, 2025 | Dec 10, 2025 | $0.5300 | regular |
| Aug 8, 2025 | Sep 10, 2025 | $0.5300 | regular |
| May 9, 2025 | Jun 10, 2025 | $0.5300 | regular |
| Feb 26, 2025 | Mar 10, 2025 | $0.5200 | regular |
| Nov 8, 2024 | Dec 10, 2024 | $0.5200 | regular |
| Aug 9, 2024 | Sep 10, 2024 | $0.5200 | regular |
| May 9, 2024 | Jun 10, 2024 | $0.5200 | regular |
| Feb 27, 2024 | Mar 8, 2024 | $0.5100 | regular |
| Nov 9, 2023 | Dec 8, 2023 | $0.5100 | regular |
| Aug 9, 2023 | Sep 8, 2023 | $0.5100 | regular |
| May 9, 2023 | Jun 9, 2023 | $0.5100 | regular |
Income Calculator
At $2.16 / yr per share
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